Foreign investors are shifting investments in India. They are buying shares in metals, capital goods, and power sectors. This move is a hedge against artificial intelligence disruption. Technology stocks are seeing significant selling. This rotation signals a change in market focus. Old economy sectors are now attracting foreign capital.Read More
Home appliance makers such as Stove Kraft, TTK Prestige saw its shares rocket 10% as concerns over cooking gas supply impacted the market. Demand for induction cooktops and electric kettles saw a significant jump. Retailers reported a threefold increase in demand for induction cooktops. This trend follows disruptions in West Asia affecting energy supply routes. Consumers are seeking alternative cooking methods amid rising gas prices...Read More
Indian markets are experiencing significant volatility, prompting investor instinct to buy dips. However, Dipan Mehta advises against this, suggesting it’s a time to sell underperforming stocks and reinvest in quality large-cap companies like L&T and Bharti Airtel. He also favors thematic mid and small-cap plays in travel, healthcare outsourcing, and insurance infrastructure.Read More
Amid geopolitical tensions and muted market returns, Bajaj Life CIO Srinivas Rao Ravuri advises gradual cash deployment during corrections, favoring consumption and private banks. He prefers large caps over expensive small and midcaps, highlighting a long-term perspective and disciplined approach for navigating market volatility and seeking opportunities.Read More
PayPay, a Japanese digital wallet provider, has priced its U.S. initial public offering at $16 per share. This figure is below its initial target range. The offering raised approximately $880 million. The market sentiment was impacted by geopolitical events. This listing marks a significant debut for a SoftBank majority investment in the U.S. market.Read More
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